Common use of BENEFITS AFTER TERMINATION OF COVERAGE Clause in Contracts

BENEFITS AFTER TERMINATION OF COVERAGE. 1. If an Insured's coverage terminates for any reason, Benefits under this Contract shall cease as of the effective date and time of such termination. However, if the termination of coverage is caused by failure to pay premiums on behalf of the insured, a thirty-one day grace period will be observed on behalf of the plan. During this grace period, the policy shall remain in force. 2. The Plan shall have no liability for any Benefits for Covered Services Incurred after the termination of this Contract, except as provided above.

Appears in 2 contracts

Sources: Health Insurance Contract, Health Insurance Contract